SGQ 8.00% 2.7¢ st george mining limited

Ann: ACQUISITION OF HIGH-GRADE ARAXA NIOBIUM PROJECT, page-93

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    So the KNOCKERS say there is a dam nearby, and its a tailings dam covering the SGQ resource.

    Here is what I see on Google Earth - Hey that's a lux hotel with water sports and all - swimming in the tailings dam - What!

    https://hotcopper.com.au/data/attachments/6365/6365209-eebee8cb31468022495c999bae386336.jpg

    Now this is a snip from SGQ's presentation of the ARAXA acquisition. Top left arrow points toward the hotel - well away from the high grade Nb and REE drill intercepts on the new project.

    Two other arrows show other bodies of water - are they the dreaded tailings dams?

    https://hotcopper.com.au/data/attachments/6365/6365251-9acff2266d059d0bb083586f5809830a.jpg

    Here is a snip from Google Earth of the dam at the bottom right arrow. Note scale bar at bottom left - the dam is 100m x150m approx. And it's only a flow control dam not a tailings storage, see the outlet channels.

    More important see the streaks of black sand which is the REE or Nb minerals just waiting to be mined.

    DYOR - listen to the knockers of course, but remember there are others who have a different agenda to that of a genuine investor.

    And GL all.


    https://hotcopper.com.au/data/attachments/6365/6365272-76d2610047dedcbf6a63069fe71aeaba.jpg


    Last edited by JandJ: Sentiment HELD 07/08/24
 
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